When was Runware founded?

Runware was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Runware located?

Runware is headquartered in London, United Kingdom.

How many employees does Runware have?

As of Jul 31, 2026, the latest employee count at Runware is 59.

Is Runware a funded company?

Runware is a funded company, having raised a total of $66M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 01, 2024.

When was the latest funding round of Runware?

Runware's latest funding was a $***** Series A round on Dec 11, 2025, with participation from 5 investors.

Where does Runware rank among its competitors?

Runware ranks 3rd amongst 168 active competitors, of which 15 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was LiblibAI, which secured $300M in Jun, 2026.

Who are the top competitors of Runware?

Runware's top competitors include Leonardo Ai, Recraft and OpenArt. Among them, LiblibAI secured the most recent funding round in June, 2026.

Runware - 2026 Company Profile, Team, Funding & Competitors

Runware is a series A company based in London (United Kingdom), founded in 2023 by Ioana Hreninciuc. It operates as an Online platform offering AI-based art generator for consumers. Runware has raised $66M in funding from investors like Insight Partners, Andreessen Horowitz and Lakestar. The company has 168 active competitors, including 15 funded and 2 that have exited. Its top competitors include companies like Leonardo Ai, Recraft and OpenArt.

Company Details

Online platform offering AI-based art generator for consumers. It uses AI to generate videos from text descriptions, text to image, image to image and more.

Website: runware.ai
Social
Email ID: *****@runware.ai

Key Metrics

Founded Year

2023

Location

London, United Kingdom

Stage

Series A

Total Funding

$66M in 3 rounds

Latest Funding Round

Series A, Dec 11, 2025, $*****

Investors

Insight Partners & 8 more

Ranked

3^rd among 168 active competitors

Employee Count

59 as on Jul 31, 2026

Similar Companies

Vercel & 1560 more

View Runware's full profile

Runware has raised a total funding of $66M over 3 rounds. Its first funding round was on Oct 01, 2024. Its latest funding round was a Series A round on Dec 11, 2025 for $*****. 5 investors participated in its latest round. Runware has 9 institutional investors.

Here is the list of recent funding rounds of Runware:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 11, 2025	2259740	Series A	3640379	2823169	7976806	5212675
Sep 09, 2025	7571357	Seed	5919388	8548391	8160537	Andreessen Horowitz & 2 more
Oct 01, 2024	1006228	Seed	7683917	4688518	Andreessen Horowitz & 4 more	7435890

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View details of Runware's funding rounds and investors

The founders of Runware is Ioana Hreninciuc.

Here are the details of Runware's key team members:

Ioana Hreninciuc: Co-Founder of Runware.
Contact Info: 1 email address

Runware's Board of Directors

Runware's board has 1 active member. Flaviu Radulescu is part of team.

Here is the list of Runware's board of directors:

Name	Type	Representing	Status	Duration
Flaviu Radulescu	Team	-	Current	3y 2m

View details of Runware's Founder profiles and Board Members

Runware's employee count trend

Runware has 59 employees as of Jul 26. Here is Runware's employee count trend over the years:

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Top competitors of Runware include Leonardo Ai, Recraft and OpenArt. Here is the list of Top 10 competitors of Runware, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Leonardo Ai 2022, Sydney (Australia), Acquired	AI-powered platform to generate assets with models	$31M	Smash Capital, TIRTA & 4 others	73/100
2nd	Recraft 2022, San Francisco (United States), Series B	Platform offering AI-powered design tools	$42M	Accel, Khosla Ventures & 12 others	73/100
3rd	Runware 2023, London (United Kingdom), Series A	Online platform offering AI-based art generator for consumers	$66M	Dawn Capital, Insight Partners & 7 others	68/100
4th	OpenArt 2022, Redwood City (United States), Series A	AI platform for image generation and editing tools	$30M	Canaan, DCM Ventures & 4 others	60/100
5th	LiblibAI 2023, Beijing (China), Series B	Platform for AI drawing and model sharing	$430M	Shunwei Capital, HSG & 15 others	56/100
6th	SeaArt 2023, China, Unfunded	AI image generator enabling users to produce arts	-	-	53/100
7th	Emojis 2023, San Francisco (United States), Seed	Developer of AI-powered emoji generation platform	$500K	Y Combinator, Eight Capital Management & 1 others	46/100
8th	OJI 2022, Limassol (Cyprus), Unfunded	AI-based app to create avatars and artwork	-	-	42/100
9th	TryNectar 2023, Sacramento (United States), Seed	Provider of AI-powered art generation platform	$3.9M	Mechanism Capital, Karatage & 10 others	40/100
10th	NewProfilePic San Jose (United States), Unfunded	Developer of application providing AI-driven profile picture generation and customization	-	-	39/100